98% Engineering graduates in Hyderabad are open to taking up jobs in SMEs: TMI
98.4% of engineering graduates surveyed are willing to work in the SME sector, according to the survey. The survey was conducted among 328 engineering graduates in Hyderabad and Secunderabad. The respondents were B.E/ B.Tech graduates from across engineering streams and with 0-5 years of work experience.
90.8% of the respondents said in the survey that they believe SMEs are good places to work. They credited SMEs for having a work-life balance, a friendly work-culture and faster career growth.
53.96% respondents said that large companies are good places to work. They believe that large companies provide better benefits, structured growth opportunities and a professional work culture.
44.8% feel that both large companies and SMEs are good options and come with their pros and cons. 46% of respondents thought that large companies are not good workplaces. Unhealthy competition, lack of job security and long working hours were the reasons stated by the respondents.
Jobseekers value a challenging opportunity the most when deciding whether or not to accept a job. 23% considered challenging responsibilities as the top reason to take up a job. 22% considered brand name of the company as the top reason accept a job. Proximity to home was third on the list with 16% respondents seeing it first in the list guiding their decision.
“The findings come as a relief given the number of engineering graduates getting added to the pool of jobseekers every year and recruitments in large companies falling drastically. This is the right time for SMEs to highlight the advantages of working with the sector and the benefits they can provide to their employees'” T Muralidharan, executive chairman, TMI Group said in a statement.